Currencies

The Central Bank of Nigeria (CBN) has initiated a re-validation process to verify foreign exchange (FX) claims worth $2.4 billion...

The Nigerian naira has broken the N1,650/$ threshold in the official foreign exchange market, reflecting ongoing volatility in the country’s...

The World Bank has commended the efforts of Central Bank of Nigeria (CBN) Governor Yemi Cardoso, highlighting that his monetary...

The Nigerian naira hit a historic low in the parallel market, closing at N1,700 per U.S. dollar on October 14,...

The European Central Bank (ECB) is expected to cut interest rates again this week as inflation across the eurozone continues...

On October 11, 2024, the Nigerian naira weakened against the U.S. dollar, closing at N1,641.27 in the official Investor and...

The Kenyan shilling has appreciated by 17% against the US dollar in 2024, driven by the Central Bank of Kenya’s...

The naira continued its downward trend against the U.S. dollar on October 9, 2024, closing at N1,625.13 in the official...

On October 4, 2024, the naira strengthened by 1.69% against the U.S. dollar, closing at N1,631.21 in the official Investor...

Despite global inflation and low productivity across much of the African continent, several African currencies are holding strong against the...